SED MARSED CONSULTING COMPANY PUBLISHED RATING OF ARMENIAN BANKS

01.11.2000, MEDIAMAX, YEREVAN. The “SM-Rating”rating service of the Armenian Sed Marsed consulting company has published the rating of the Armenian banks summing up the second quarter of 2000.
The press release of the company reads that the following factors were taken into consideration while forming the rating: financial stability and reliability, activity and the volume of investments to the real sector, profitability and efficiency.
Prometevs Bank, HSBC-Armenia Bank, Trustbank, Armeconombank are included into the category “A1” of the first group “A”.
Ardshinbank (ASHB), Armimpexbank, Conservebank, Armcommunicationbank, Armagrobank, Credit-Yerevan Bank, Armenian Bank for Development are fixed in the category “A2” of the first group “A”.
Agricultural Cooperation Bank of Armenia, Black Sea Trade Bank are in the category “A3” of the first group “A”.
The second group “B” of “B1” category includes: Credit-Service Bank, ArmImpexbank, Artsakhbank, Gladzor Bank, InekoBank.
The second group “B” of “B2” category includes: Landbank, ArminvestBank, Armsavingsbank
The third group “B” of “B3” category includes: Akunk Bank, Econominvestbank, RIA-bank, International Investment Bank. –0–